Non-Resident & International Tax

If you are looking to expand your business into a different part of the world, we are here to help.

Adapting to twice the amount of tax regulations and compliance requirements, can prove to be time consuming and costly. Hence as professional providers of international tax services, we can assist you with all tax compliance requirements whilst minimizing your company's worldwide tax. Our unique tax efficient structure will be constructed to your needs.

Additionally, our international tax services also include tax compliance and tax planning for US companies that have Canadian subsidiaries. US businesses that have spread to Canada can now have their taxes handled by professional accountants in Canada, acting as their outsourced Canadian tax department. Below is a comprehensive list of our international tax services.

Listing of international tax services by experts in Canada:

  • Preparation of business and personal tax returns for non residents of Canada.
  • Advising on the tax implications of doing business in Canada.
  • Tax return preparation and advice for non-resident real estate investors.
  • US tax return preparation.
  • International tax services and development of plans (inbound and outbound).

 

 

Client Testimonial:

I run a small consulting firm in the US and Madan was incredibly helpful with providing advice on cross border tax issues. Particularly when it comes to a US company hiring an employee in Canada. I would highly recommend - A.J. Gherich

Need more information? Call us at (905) 268-0150

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Comments 15

  1. Hello,

    I am working in USA and I need to file Canada Ontario Tax. I have a house in ON and my wife has some income in Canada. I would like to know how you can help me to file my Canada tax and how much you will charge.

    Thanks,
    David

    1. Hi David.

      I can file your Canadian tax return for you for a fee of $200. I can also file your US tax return for you for a fee of $300. If I prepare both returns, then you will receive a 10% discount from the total price.

  2. Hello, I will be relocating to Dubai for the next 5 years and would like to become a non-resident at departure. However, I need to maintain my primary residence for my unemployed, retired mother to live in. Are there an exemptions for this or will I be deemed a resident as I still have primary ties?
    Thank you.
    KJ

  3. I’m a non resident Canadian recently relocated from UAE to USA.
    I have an investment property in Toronto mortgage with bank and need to file 2017 taxes for reimbursement of withholding income taxes?

    Can you file my return and what’s your charge?

  4. My spouse and I Just received lump sum distributions on our 403B and 401A accounts from our US retirement plans. The payee withheld the 30% withholding tax but no 10% early withdrawal penalty was assessed. We have been back in Canada now for 14 years working here but wanted to have these monies here instead of in the US. If I was not charged the 10% penalty by Fidelity does that mean I do not have to pay it? If I do how do I go about this so that I can utilize it as part of the foreign tax credit for the 2018 tax year.. I was originally under the assumption that I did not have to file US taxes and that the lump sum withholding tax would serve as my tax obligation

    1. Hi Landon, the gross amount of the withdrawals (before withholding taxes) must be included in your Canadian tax return, because they are taxable in Canada. You can claim a foreign tax credit on your Canadian return for the amount withheld.

      The US taxes withheld represent your final obligation to the IRS, and you do not have to file a US tax return to report the withdrawals. Finally, if you were not charged a 10% penalty, then do not pay it.

  5. I am a Canadian who left and worked in HK 3 years ago. I have a property in Canada which I had rented out. I’ve declared non-resident and have been submitting NR4 and NR6 to CRA for my rental income. I’m hoping to buy a bigger apartment and would like to know how it works for a non-resident? Thank you

    1. Hi Shirley, you can buy a bigger apartment without affecting your non-residency status with the CRA, so long as the apartment is a rental property. It is more difficult for non-residents of Canada to get financing for Canadian real estate.

  6. We have sold our principle residence and are planning to move back to India next month. I have a rental property for which the tenant has prepaid rent until 2019 April. I would be filing departure taxes next year. Is my tenant obligated to remit taxes to CRA next month on prepaid rent or only after I file departure taxes and CRA acknowledges me as non resident.

    1. Hi Bindu, withholding tax should not be deducted from prepaid rents and deposits. Once you leave Canada and become a non-resident, you have to remit a 25% tax equal to the rent collected in the month (or rent applied to the month from the prepaid balance). You should register for a non-resident account number first, so that you can begin remitting tax payments to the CRA through online banking.

  7. I moved to the UK (dual citizen) in August, 2018. My bank was alerted, and I have filled out the form they sent me, declaring that I am now a non-resident of Canada for tax purposes. I have no significant ties to Canada (property, children, spouse), and have a few secondary ties (I’m in the process of severing most of them). I have an small RSP account, 1 bank account, and a pension (that is no longer being contributed to). I am a resident of the UK, work and pay tax here. For my final tax return (2018);
    1. Am I considered a non-resident?
    2. Do I need to file Deemed Disposition (departure tax) and List of Properties by an Emigrant forms if I have nothing to declare on them?

    Many thanks for your help, and for running such an informative site.

    1. Hi Cora,
      You are a non-resident as of August 2018. You do not need to file form T1161 as you have no assets to report (other than a bank account and pension, which do not need to be disclosed on this form). You do not need to pay departure tax. However, you do have to file a FINAL Return (departure tax return) with the CRA to inform them of your non-resident status. You will be taxable in Canada up to your departure date in August 2018. Please let me know if you need my assistance to prepare your Final Return.

  8. Hi, I have a facebook page that I started to earn money through ads on the videos, facebook team told me I should fill Form W8Ben and form W7 so they can update my account and I can start earning the money. I am a resident of Canada and not planning on going to the US. is that something you can help me to fill and file? Thank you

    1. Hi Omar,
      Yes, I can help you apply for a US Individual Taxpayer Identification Number (form W7) and I can help you complete form W8-BEN. In addition to providing a certified copy of your passport, the IRS will also require a signed letter from Facebook showing your name and verifying that an ITIN is needed to make payments to you that are subject to federal tax withholding. Please also complete this checklist and return it to me by email to amadan@madanca.com

      http://madanca.com/us-individual-tax-identification-number-checklist/

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